Question
Exotic Wines, Inc. wants to use exponential smoothing with = 0.45 to forecast demand in bottles sold. The demand the last four months are 3,321,
Exotic Wines, Inc. wants to use exponential smoothing with = 0.45 to forecast demand in bottles sold. The demand the last four months are 3,321, 3,297, 2,845, and 4,112 bottles. The forecast for bottles was 3,321 bottles for the second month. What is the forecast for the fifth month? Round your answer to the nearest whole number.
________ bottles
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Principles Of Fraud Examination
Authors: Joseph T Wells
3rd Edition
0470646292, 978-0470646298
